PNC Financial Services Group Portfolio holdings
PNC Financial Services Group, Inc., tracing its roots to 1852 through the merger of Pittsburgh National and Provident National in 1983, is a major U.S. bank headquartered in Pittsburgh, Pennsylvania, offering retail banking, corporate banking, and asset management services across 28 states and Washington, D.C. Managing over $560 billion in assets as of late 2024, PNC serves millions of customers through its extensive network of branches and ATMs, bolstered by its 2021 acquisition of BBVA USA, which expanded its footprint into the Southeast and Southwest. Known for its conservative banking approach and strong community focus, PNC provides wealth management via PNC Private Bank and institutional services, including one of the nation’s largest treasury management operations, under CEO William S. Demchak since 2013. With a legacy tied to steel-era Pittsburgh and a modern emphasis on digital banking and sustainability, PNC ranks among the top U.S. banks by assets and market presence.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$41.6B |
| 2 |
Avantis US Large Cap Value ETF
AVLV
|
+$419M |
| 3 |
iShares Core MSCI International Developed Markets ETF
IDEV
|
+$316M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$86.6M |
| 5 |
JPMorgan Active Value ETF
JAVA
|
+$61.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kontoor Brands
KTB
|
+$101M |
| 2 |
Visa
V
|
+$97.6M |
| 3 |
Schwab International Small-Cap Equity ETF
SCHC
|
+$86.6M |
| 4 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$68.5M |
| 5 |
PepsiCo
PEP
|
+$58.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 47.18% |
| 2 | Technology | 7.41% |
| 3 | Financials | 5.82% |
| 4 | Consumer Discretionary | 3.4% |
| 5 | Industrials | 2.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Eli Lilly
LLY
$1.06T
| $83.7B | 43.81% |
101,305,650
+50,002,551
| +97% | +$41.6B |
|
|
2
iShares Core S&P 500 ETF
IVV
$875B
| $8.58B | 4.49% |
15,270,271
+146,638
| +1% | +$86.6M |
|
3
Apple
AAPL
$4.72T
| $4.27B | 2.23% |
19,212,466
-137,776
| -0.7% | -$31.9M |
|
4
Microsoft
MSFT
$2.83T
| $3.44B | 1.8% |
9,166,782
-77,977
| -0.8% | -$31.8M |
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $2.32B | 1.21% |
4,144,794
-32,187
| -0.8% | -$18.9M |
|
6
Erie Indemnity
ERIE
$11.2B
| $2.06B | 1.08% |
4,910,823
-366
| -0% | -$149K |
|
7
JPMorgan Chase
JPM
$930B
| $1.67B | 0.87% |
6,789,550
-44,673
| -0.7% | -$11.4M |
|
8
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.5B
| $1.55B | 0.81% |
19,456,952
+367,639
| +2% | +$30.1M |
|
9
Invesco QQQ Trust
QQQ
$460B
| $1.46B | 0.76% |
3,105,782
-10,924
| -0.4% | -$5.55M |
|
10
Procter & Gamble
PG
$342B
| $1.39B | 0.73% |
8,148,518
-32,137
| -0.4% | -$5.38M |
|
11
Alphabet (Google) Class A
GOOGL
$3.89T
| $1.32B | 0.69% |
8,527,273
-6,408
| -0.1% | -$1.16M |
|
12
ExxonMobil
XOM
$650B
| $1.26B | 0.66% |
10,629,938
-89,499
| -0.8% | -$9.9M |
|
13
Amazon
AMZN
$2.51T
| $1.25B | 0.66% |
6,594,373
+70,831
| +1% | +$15.4M |
|
|
14
iShares MSCI USA Quality Factor ETF
QUAL
$45.6B
| $1.25B | 0.65% |
7,296,524
-382,874
| -5% | -$68.5M |
|
15
iShares MSCI Intl Quality Factor ETF
IQLT
$13.6B
| $1.21B | 0.64% |
30,593,403
-411,997
| -1% | -$16.2M |
|
16
VF Corp
VFC
$6.49B
| $1.17B | 0.61% |
75,255,876
-20,433
| -0% | -$453K |
|
17
iShares Core MSCI EAFE ETF
IEFA
$185B
| $1.16B | 0.61% |
15,359,042
+386,481
| +3% | +$28.9M |
|
18
Home Depot
HD
$324B
| $1.15B | 0.6% |
3,142,405
-16,980
| -0.5% | -$6.62M |
|
19
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $1.12B | 0.59% |
13,157,154
-279,318
| -2% | -$24.9M |
|
20
iShares Russell 1000 Growth ETF
IWF
$123B
| $1.12B | 0.59% |
12,396,288
-85,036
| -0.7% | -$8.39M |
|
21
NVIDIA
NVDA
$5.06T
| $1.04B | 0.55% |
9,623,230
+472,805
| +5% | +$59.9M |
|
22
Johnson & Johnson
JNJ
$624B
| $1B | 0.53% |
6,051,985
-32,924
| -0.5% | -$5.15M |
|
|
23
Visa
V
$669B
| $979M | 0.51% |
2,793,902
-288,515
| -9% | -$97.6M |
|
24
iShares US Treasury Bond ETF
GOVT
$43.5B
| $943M | 0.49% |
41,036,037
+1,219,217
| +3% | +$27.6M |
|
25
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $921M | 0.48% |
15,779,484
-811,875
| -5% | -$50.4M |
|
Similar funds
PNC Financial Services Group's Q1 2025 Portfolio in Review
As of Q1 2025, PNC Financial Services Group held 5,083 positions worth $191B, up 28% from $150B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
PNC Financial Services Group deployed $42.1B of net new capital in Q1 2025, opening 310 new positions and adding to 2,090 existing holdings. Its largest new stake was Avantis US Large Cap Value ETF: 6,179,549 shares worth $403M.
By sector, the portfolio is most concentrated in Healthcare at 47% of assets, up from 31% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Kontoor Brands, an estimated $101M trimmed.
- PNC Financial Services Group's largest Q1 2025 buy was Avantis US Large Cap Value ETF: 6,179,549 shares worth $403M.
- PNC Financial Services Group added most to Eli Lilly in Q1 2025, an estimated $41.6B increase.
- PNC Financial Services Group's biggest Q1 2025 reduction was Kontoor Brands, cutting an estimated $101M.
- PNC Financial Services Group fully exited BlackRock Municipal Income Fund, Inc. in Q1 2025, selling an estimated $3.85M.
- PNC Financial Services Group's ten largest holdings make up 58% of its $191B portfolio in Q1 2025.
- PNC Financial Services Group opened 310 new positions and closed 196 in Q1 2025.
- PNC Financial Services Group's portfolio value rose 28% quarter-over-quarter to $191B.
Based on PNC Financial Services Group's 13F filing for Q1 2025, filed 9 May 2025.